For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The complaint alleges that on May 29, 2024, UiPath announced the sudden departure of defendant Enslin as CEO and the reappointment of defendant Dines as CEO. On the same day, UiPath announced disappointing 1Q 25 financial results and significantly cut its FY 25 revenue guidance by 10%, or $150 million, to a range of $1.405 billion to $1.410 billion. UiPath attributed the poor results and guidance to "c ...

NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of UiPath, Inc. (NYSE: PATH)? Did you purchase your shares between December 1, 2023 and May 29, 2024, inclusive? Did you lose money in your investment in UiPath, Inc.? Do you want to discuss your rights? Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired securities of UiPath, Inc. ("UiPath" or the "Company") (NYSE: PATH) betwe ...

Two attractive AI businesses are UiPath (PATH 0.98%) and C3.ai (AI -4.39%). Each provides AI software used by customers to automate aspects of their operations. This approach has enabled both companies to flourish. The company had been on a trajectory of strong year-over-year revenue growth. In its fiscal first quarter, ended April 30, it generated $335 million in revenue, a 16% year-over-year increase. C3.ai's software platform enables customers to easily adopt AI technology and apply it to their business. ...

SAN DIEGO, June 20, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of UiPath, Inc. (NYSE: PATH) securities between December 1, 2023 and the close of trading on May 29, 2024, inclusive (the "Class Period"), have until August 19, 2024 to seek appointment as lead plaintiff of the UiPath class action lawsuit. Captioned Steiner v. UiPath, Inc., No. 24-cv-04702 (S.D.N.Y.), the UiPath class action lawsuit charges UiPath and certain of UiPath's top current and forme ...

NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- Bleichmar Fonti & Auld LLP ("BFA") announces that it has filed a class action lawsuit for violations of the federal securities laws against UiPath, Inc. ("UiPath" or the "Company") and certain of the Company's senior executives. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in UiPath securities between December 1, 2023 and the close of trading on May 29, 2024 inclusive (the "Class Period") ...

NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into UiPath, Inc. (NYSE: PATH) for potential violations of the federal securities laws after the CEO resigned and the stock tumbled over 34% during trading on May 30, 2024. If you suffered losses on your UiPath investment, you are encouraged to submit your information at https://www.bfalaw.com/cases/uipath-inc-investigation. Why is UiPath, Inc. being Investigated for Securities Fraud ...

UiPath (NYSE:PATH) has steadily tumbled lower since its public debut in 2021. The latest sell-off for UiPath stock, which transpired last month, followed a highly disappointing earnings release chock full of takeaways that were anything but promising. Yes, it's possible that PATH has finally bottomed out. The stock now trades at a far more reasonable valuation. Why UiPath Stock Collapsed After Earnings On May 30, right after UiPath's latest quarterly earnings release, the stock fell by a staggering 34.1%, a ...

NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into UiPath, Inc. (NYSE: PATH) for potential violations of the federal securities laws after the CEO resigned and the stock tumbled over 34% during trading on May 30, 2024. If you suffered losses on your UiPath investment, you are encouraged to submit your information at https://www.bfalaw.com/cases/uipath-inc-investigation. Why is UiPath, Inc. being Investigated for Securities Fraud ...

Core Insights - UiPath's stock is experiencing a downward trend, exacerbated by the sudden resignation of CEO Rob Enslin, leading to shares hitting all-time lows [1][2] - Despite challenges, UiPath maintains a significant market share in the RPA industry and has potential for future growth [6][11] Financial Performance - Operating expenses for UiPath were $329 million, only $6 million below revenue, resulting in a net loss of $29 million for fiscal Q1, a slight improvement from a $32 million loss in the same quarter last year [3] - Revenue for fiscal Q1 was $335 million, reflecting a 15% year-over-year growth, although this indicates a slowdown compared to previous years [11] - Non-GAAP adjusted free cash flow was $101 million for fiscal Q1, representing a 39% yearly increase, suggesting better financial health than the income statement indicates [12] Market Position and Opportunities - UiPath holds a 36% market share in the RPA industry, an increase from 34% in 2022, and the RPA market is projected to grow at a 37% compound annual rate through 2032 [6] - The company's price-to-sales (P/S) ratio has dropped to 5, marking a record low and presenting a potential buying opportunity for investors [5] - UiPath has built a strong developer community of 2.5 million members, which may help retain users and mitigate competition [13] Leadership Changes - The return of co-founder Daniel Dines as CEO may provide stability, but the company still faces ongoing financial challenges [11][14] - The departure of the previous CEO is viewed as a troubling sign, yet it may also present a unique opportunity for risk-tolerant investors [4][14]

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into UiPath, Inc. (NYSE: PATH) for potential violations of the federal securities laws after the CEO resigned and the stock tumbled over 34% during trading on May 30, 2024. If you suffered losses on your UiPath investment, you are encouraged to submit your information at https://www.bfalaw.com/cases/uipath-inc-investigation. On May 29, 2024, after market, UiPath announced the abrupt ...